Wednesday, March 25, 2009


A few days ago China called for a new global reserve currency. Zhou Xiaochuan, the governor People’s Bank, 'said the proposal would require “extraordinary political vision and courage” and acknowledged a debt to John Maynard Keynes, who made a similar suggestion in the 1940s.'

And in today's FT, Nicholas Stern calls for an institution to make unbiased global risk assessments.

No comments: